Embracer Group: Boosting the Russian Treasury with their Gaming Empire

Embracer Group: Boosting the Russian Treasury with their Gaming Empire

Embracer Group: The Swedish Gaming Giant Boosting the Russian Treasury

According to a recent report by the Kyiv School of Economics, about 1,200 companies from the Western world are currently operating in Russia. These companies collectively contributed around 38 billion Swedish Krona (approximately 4.5 billion USD) in corporate income tax to the Russian state treasury. Among these companies, several are Swedish firms, with the gaming company, Embracer Group, based in Karlstad, Sweden, being the highest grossing.

Embracer Group is no small player in the gaming industry. The company has a significant presence in Russia, contributing a substantial chunk to the Russian state treasury. It’s like the gaming equivalent of ABBA, but instead of making sweet music, they’re making sweet, sweet tax contributions.

So, while the world is busy playing "Call of Duty" or "Fortnite", the Embracer Group is playing a real-life game of "Monopoly", and it seems they’re winning!

In conclusion, the Embracer Group’s contribution to the Russian state treasury is like a high score in a video game – impressive, substantial, and worthy of recognition. They’re not just embracing the gaming world, but also the art of international business.

Source: Feber

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